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Looking to convert a jewellery voucher (from insurance after we were burgled) into cash or investment. Wife has had a look at replacement jewellery but as the original was all handed down she has no interest in the new stuff on offer. Jewellers suggested watches and some expensive stuff, I was thinking gold coins, quick buy/sell with obvious loses, or hold onto them for investment.
Any bullion dealers available for comment ? ta
Sovereigns, half sovereigns and any krugerrands you can get ( although current prices put krugerrands at about 1k each. I very much doubt these will loose value anytime soon.
What I would be doing though is ordering in gold bars (in whatever weight you can afford) and keep them in a bank until you need it.
Not a dealer just a lowly geologist with a huge interest in gold.
Unfortunately the jewelers wont supply gold bars/ingots.
Coins was the closest thing I could think of, could ask for a 10 ounce blob of 22 carat I suppose 🙂
vouchers get traded on eBay - watch a few auctions and see what percentage of the face value they sell for
Get the coins in then fella, they then at least have more options when you decide to cash in as they have value in the pure gold content and the coin collectors value them as coins.
Wish to god I had invested in gold rather than property!
I shall ask the wise one's at work today, pretty sure there's a couple that know about precious metals.
Guess it will come down to which coin.
and bump for the daytime crew